We are dead serious for Olympic Gold

A training base for our Olympians will be set up in England, two years before the Olympic Games in 2012. We will be able to train and acclimatise our sportsmen and women to make sure that they stand a good chance to win a medal for our country. I must say that with the effort, resources and seriousness we put into acquiring sporting golds, we are getting nearer to our pot of gold. To be more serious, we need to really scout around the world for gold potentials, bring them home quickly and turn them into citizens to qualify for the Olympics.

China must accept the verdict

US Admiral Mike Mullen rapped China for not falling in line with the US to take tough actions against North Korea for the sinking of Cheonan. The US is fuming mad that the Chinese refused to tow the line after a 'multinational' probe into the sinking which conveniently left out the Chinese, the Russians and the North Koreans. And many already believed in the truth from this 'multinational' investigation team of birds of the same feathers. The impartiality of the team, without the Chinese and the Russians and also the North Koreans, was never in doubt among the international gangsters. And they are demanding that China must accept their cooked verdict. Why should China be made to believe in something which is shrouded with slime and fakery? If the Americans sincerely wanted the Chinese and Russians to play ball with them, they should, from the start, involved the Chinese and Russians in the investigation. A simple question, 'Why were the Chinese and Russians left out of the investigation team?' Bloody gangsters!

$760 million evaporating into thin air

A report by Gabriel Chen today in the ST says that GIC may stand to lose $760m in the gushing oil disaster in the Gulf of Mexico. GIC was noted to have 200.4m shares of BP worth around US$1.68 billion. With the fast crashing price of BP shares, and if the shares have yet been sold down, GIC could lose up to $760 m, and all, if BP go bust under a series of expensive lawsuits coming from the US. We cannot blame GIC for the loss of this investment. Neither can we blame them for many of the losses as the causes were not due to lack of due diligence. They were proper investment decisions made after thorough research before plonking down the money. The exceptions were those decisions made over a few days when white gods descended from heaven to ask for tithes. Act of god or fate, or just plain unlucky can happen to many investors. Sometimes the bad luck comes in a string. Everything touched turns into waste paper. The contrary can also happen when everything touched turns to gold, giving the monkey a chance to claim credits. We can only hope that this is not the beginning of a string of bad luck and bad investments. If it is, nothing can help and no experts and super talents can do anything about it. At times one must believe in fatalism. The worst case can mean a wipe out of the bulk of our foreign investments, if god willing. Better go and pray for more blessing and abundance.

Why sell properties when you can sell papers?

Selling bricks and mortars, and land, is a very lucrative business. Buy the land, build it into something fanciful, and walla, big profits. But our land is limited and the cost of material is increasingly rapidly. There is also a political cost. Why not sell pieces of papers? The most valuable piece of paper to sell from this little red dot is the Red Passport. I am not sure what is the going rate in the black market for a fake or stolen one. But it must be in the thousands. It is like getting a passport to heaven. The Red Passport carries a lot of weight and makes travelling very convenient and quite respectable too. Why not make it official and sell it to the highest bidder like COE? But no, to avoid queer results like $1 a piece, make it $100k a piece. No worry about double citizenship or national service. It is a special passport. And to make it high class, or only for the high net worth people so as not to tarnish its reputation, the buyer must also buy a property here to have an official residential address. In this way, the cheap skates would not be able to get one easily. This does not rule out the mafias and drug lords. Never mind, close one eye. As long as they are rich, they are welcomed. And we can call this the Premier Passport, with no voting rights of course. Just a convenient card to carry around. Good for revenue and good for the property market.

Thank you Oliver, for the wake up call

The Indonesian intelligence told us that Orchard MRT station could be a terrorist target. There were heighten security patrols from the men in blue and the anti terrorist experts must be fully alerted to such a possibility and probably taking more precautionary measures to make it double sure it shall not happen. Then we have two vandals sneaking into a MRT depot, left behind elaborate graffiti that could take hours to complete, sneaked out and went about their lives as if nothing happened. And the graffiti went on its round across the island without anyone knowing anything amiss till a couple of days later when the train was in for maintenance Having nicely painted pictures on MRT trains are unlikely to prompt anyone into thinking that they are not supposed to be there. How would the public to know that they are not advertisements if the MRT staff too did not have any clue? But then what ? It is too late if it was a terrorist attack. The damage would have been done. Finito! While Oliver may be waiting for his backside to be scarred, in a way we should thank him for testing the security system of the MRT and highlighting its glaring inadequacy. If not of this incident, everyone will still think that the system is in good shape. Now we know it was not. And the MRT may not be the only organization that could be caught with the pants down. There should be a thorough review of the security systems of potential soft targets and to make amends when there is still time, when they are not hit yet. The security agencies may want to conduct random tests on possible targets to assess their security worthiness and readiness. Maybe they can hire Oliver and his British partner to be the testers.